A PYMNTS Company

U.S.: SEC brings case against farm feed price-fixers

By  |  November 9, 2012
U.S.: SEC brings case against farm feed price-fixers

The Securities and Exchange Commission has announced it will formally charge individuals under Calata Corp. after an investigation into the farm feeds supplier recently concluded. The SEC has only stated that the specific charge will be “price manipulation” and will be brought against multiple individuals accused of fixing the company’s share price. An SEC representative declined to comment further on the details of the case, however. If the case reaches the Department of Justice, it will be the first legal action to stem from the Capital Markets Integrity Corp, a newly-created branch of the SEC.

    Get the Full Story

    Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required.

    Subscribe to our daily newsletter, PYMNTS Today.

    By completing this form, you agree to receive marketing communications from PYMNTS and to the sharing of your information with our sponsor, if applicable, in accordance with our Privacy Policy and Terms and Conditions.

    Full Content: Business World

    We’d love to be your preferred source for news.

    Please add us to your preferred sources list so our news, data and interviews show up in your feed. Thanks!

    Add as Preferred Source

    Want more news? Subscribe to CPI’s free daily newsletter for more headlines and updates on antitrust developments around the world.